Comment on Negative gearing reform is back, but young voters now hold the power
DavidDoesLemmy@aussie.zone 6 days agoBecause you work for 2 weeks then you get paid for those 2 weeks. If you earnt $1000 in 2005 and didn’t get the money until today, you’d be upset because $1000 doesn’t buy what it used to.
They say on average the market goes up 7% per year and inflation is about 3% per year. So it’s about half.
MisterFrog@aussie.zone 5 days ago
Again, this is what we call investment risk. Investments that don’t up beyond inflation are a bad investment. Which is the risk you take in order to see a potential profit.
That’s not our collective problem.
Giving people a discount to subsidise their profits is not a worthwhile way to spend our tax dollars.
People still invested before this discount was granted, so I’m not really convinced it would break anything by getting rid of it